Technology Mobile Satellite Services Market Size and Share 20 | Page 2

Your CatalystTo a Lucrative Business North America held the significant share in 2016 by contributing to over 30% of the overall market share due to the extensive usage of the technology. However, Asia Pacific is expected to witness a lucrative growth due to the increasing use of satellite devices in the defense, government and transportation applications. The launch of 104 satellites by ISRO in February 2017 along with the future planning of more number of a satellite launched is expected to provide an opportunity for growth of the market over the projec ted period. The market is consolidated with the presence of a limited number of players. Majority of the global companies implement strategies of acquiring the leading domestic players to increase their production capacity and expand their presence in different regions. For instance, EchoStar Corp. acquired Solaris Mobile Ltd., an MSS operator based out of Dublin, Ireland in January 2014. The leading players operating in the mobile satellite services include Inmarsat plc.,Globalstar, Iridium Communications Inc., Thuraya Telecommunications Company, EchoStar Corporation, INTELSAT, ORBCOMM, ViaSat Inc., Singtel, and Telstra. Hexa Research has segmented the global mobile satellite services (MSS) market based on service, application, end-use and region: Segmentation by service, 2014 - 2024 (USD Million) • Data • Voice Segmentation by application, 2014 - 2024 (USD Million) • Maritime • Aviation • Land Segmentation by end-use, 2014 - 2024 (USD Million) • Defense • Government • Transportation • Mining • Oil & Gas • Others Segmentation by region, 2014 - 2024 (USD Million) • North America • U.S. • Europe • Germany • UK Follow Us: